To: EternalVigilance; OHelix
My original point was that the sales tax is a VAT. An early poster disputed this. I think we're all in agreement now.
The difference of visibility is one of the very few distinctions. The effects on the economy are identical for a VAT and a sales tax at the same rate.
To: SolidSupplySide
You've conceded the visibility argument.
What about compliance costs?
Why would we want to burden business with a VAT, when the final tax collected is 'the same'?
274 posted on
02/03/2005 1:07:54 PM PST by
EternalVigilance
(Freedom. Brought to you by the grace of God and the Red, White and Blue...)
To: SolidSupplySide
I think we're all in agreement now. Wrong.
The NRST is most definitely NOT a VAT.
277 posted on
02/03/2005 1:08:50 PM PST by
EternalVigilance
(Freedom. Brought to you by the grace of God and the Red, White and Blue...)
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